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safe financial move it could hurt young adults and economy as a whole. brenda buttner, anchor of "bulls and bears." i guess it's a story here is that young people are avoiding debt and not getting sort of themselves mixed up in some of these predatory practices that young people have been the target in the past. so had a part of the story is good, right? >> absolutely. during the great recession everybody stopped using their credit cards but particularly those under 35. especially undergraduates as you brought up. in a sense that is good, whenever you hear from a personal financial expert, get some extra money, pay off your credit card debt, but having no credit and misusing credit are two different things and could have potentially difficult implications for our economy and for these young adults. >> rick: i remember my mother telling me, go and get one credit card, buy something you need but get your books and put it on the card and then pay it off in full. that is the way to start establishing a good credit? >> who is your mom. eileen -- that is good advice to your son. that is exact
economy. that is the real engine of the economic prosperity. >>> plus the supreme court this week will hear two important cases concerning same sex marriage. shouldn't the black robe masters leave the important social decisions to the states and their democratically elected legislatures or referenda? let the people decide. "the kudlow report" begins right now. >>> first up, in recent weeks, he's become a conservative super hero icon. that following his triumphant speeches at the national prayer service and the cpac political conference. dr. ben carson has a message to roll back obama care, deal with the crushing national debt, and even a bib llically based call r a flat tax. that's what i love. is he the conservative that can save the gop? here is the aforementioned dr. ben carson. director of the pediatric division at john hopkins university. and with us this hour, cnbc contributors keith boykin. as always, dr. carson, great to see you. i'm reading one of many articles that you're retiring in 100 days. i wonder if you would share future plans, especially public service. >> i have
and the austerity he is putting in place has caused the economy to be really slow. >> a lot of tax increases over there in europe. we look at this austerity bit. i want to talk about this for a second. >> i want to get back to the budget then. >> talk about what is happening in washington. you know, economics discussed on tv or on the internet or on twitter, it's so depressing, because people really don't know what they are talking about and they just sort of boil it down and there is this belief through the years, that tax cuts are not a tool used. of course, tax cuts are a tool used and tax increases something that traditional are against in bad times. we hear about austerity across great britain and we never hear about the tax increases. when you talk about the fact they cut and slash spending at the same time they hike taxes, it really was a formula made to fail. >> spending cuts and tax increases both take money out of the economy and slow the economy and, yes, they create this idea of austerity. but, look. it's a balancing problem. on the one hand you need to deal with it budgets and defici
'm glad to see this going as well as it is because it's really a commitment to the economy of the whole region as to this particular project. having said that, the super bowl bid is an incredible thing and the strength of our bid is a collaboration of this whole region. this is how we think we will win this bid. this is not for any one particular city, it's us working together. not only on transportation issues, not only on cites, but all the hospitality that we have set. i want to thank all the regionals for working together. we want that super bowl xv very badly. we think we have the greatest opportunity to work for it and not only to win that bid, but to get ourselves in an incredible rotation for other super bowl hosting. we look at this long-term and it's the reasonable approach that will give us the strengths for the nfl to take into consideration. i want to be thankful for all the regions mayor's for joining us and the 49er organization. they brought us together at this time. it's going to be a great thing for san francisco. thank you. >> thank you for coming out. this is an amaz
might go a little higher. that has an inflationary effect on the economy. so you may be talking away the money you just gave that employee through the increase. raise prices throughout the economy. >> i have to say, you've now switched your argument from what it was going to do to your business to what it's going to do to the economy. >> very sharp, senator warren. whether a minimum wage increase and why. we've heard all this madness on the other side, especially small business people. we won't be able to pay insurance and the like. is that a real reasonable and persuasive argument? >> no and in fact, we have a real world experiment that tells us about this. in new jersey a few years ago, they raised the minimum wage. they did it in pennsylvania. there was an examination of fast food and it turned out that in new jersey, hiring went up and in pennsylvania, hiring went down. but let me turn this upside down. why aren't we talking about the fact that the total stock market is worth less today than in 2000 and yet, the ceos are getting more and more money. if we just turned this argumen
at home, what do we do about our economy so we don't become a cyprus isn't senate passed its first real bottoming proposal in more than four years. but many americans are worried that lawmakers are kicking the can down the road. the majority say they are slightly less nervous about the economy than they were in 2010. an overwhelming number of us think the number-1 challenge to our economy is the continuing, mounting debt. we have a former media spokesperson for george w. bush and a democratic political consultant to hillary clinton for president. mersaides and richard, welcome to both of you. americans are sick of this. look at the debt clock this. thing keeps whizzing up. the debt is mounting. every sunday, i show this. it has gone up another trillions, it seems, theres and multi-millions. mercedes, how do we stop that in its tracks and make it go the other way? >> we can't stop it when you have the budget plan that senator murray has pushed through. 50 of all, because it has such little support from american voters. for example, we saw a poll saying that only 28% of likely voters sup
shall face a total collapse of the banking system and of the whole economy. >> reporter: such talk may well be brinksmanship. it's not. these people and many more across europe would be forever changed by the events of the past three days. >> woodruff: for a closer look at the crisis in cyprus and why it's captured the attention of europe and the u.s., we turn to jacob kirkegaard, a senior fellow at the peterson institute for international economics. welcome to the program. >> my pleasure. woodruff: why does tiny cyprus, a population just over one million, have europe, the markets, the government so rattled? >> i think there's two main reasons. first of all that europe is still kind of on the edge. it doesn't take much to shatter the sort of recent lull of confidence that you have had in europe in the last couple of months. unfortunately, i think cyprus is one such thing. and the other element is that what happens in cyprus and with respect to the cyprusian banks have a large precedent-setting effect for how europe going forward is going to deal with banking crises in other european co
long has been considered generous because new york's economy and demographic contours different from those the rest of the country. there is a country growing more diverse and independent as income and inequality sigh rockets, more americans find themselves working low wage service jobs, looking more and more like new york. many of the political problems we are grappling with, immigration, minimum wage, what the repost-recession economy should look like, policy, policing, are issues at the center of new york's mayoral race. my great pleasure to have with me four of the democratic candidates for mayor of the new york city, bill de blasio. sal albanese, former city councilman. bill thompson, former new york comptroller and nominee for mayor in 2009. john liu, current city comptroller. we reached out to christine quinn who is also running but could not join us today. gentlemen, thank you very much for being here. >> thank you. >> this trial, i think, is -- really explosive. and i thinks that really changed the contours the politics on this issue. i'm curious what your feeling is about w
opening concert about five weeks after that the economy completely crashed. my plan -- and i'm absolutely dogmatic about my plans --were delayed slightly. i would say that in this very difficult timefor the arts and everyone, especially the arts, it's phenomenal how new century has grown where many unfortunate organizations have stopped. during this period we got ourselves on national radio presence; we started touring, releasing cds, a dvd. we continue to tour. reputation grows and grows and grows and it has never stopped going forward. msk(music) >> the bay area knows the orchestra. you maybe take things for granted a little bit. that is simply not the case will go on the road. the audiences go crazy. they don't see vitality like this on stage. we are capable of conveying joy when we play. msk(music) >> any performance that we do, that a program, that will be something on the program that you haven't heard before. string orchestra repertoire is pretty small. i used to be boxed into small repertoire. i kept constantly looking for new repertoire and commissioning new arrangements. if you
newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> ifill: today's supreme court arguments pitted a national law against a 2004 arizona voter registration bill. the case explores the extent of state powers against the controversial backdrop of voting restrictions. arizona's proposition 200 requires state residents to provide either a driver's license, passport, birth certificate or physical proof of citizenship before they can vote. but an existing federal law requires only a sworn statement of citizenship on a voter registration form. supporters say the arizona measure cuts down on voter fraud by keeping noncitizens from voting. but opponents argue the la
for the survival of the cypriot economy. >> reporter: by the evening, however, news firmed up about the plan to split likely banks and its staff marched on parliament in the first really tense protests in this country's crisis. this evening, the queues at the cash machines grew even longer as they ran dry. parliament also is considering capital controls, stock money being taken out of this country. >> holman: late tonight, a new proposal was floated in parliament to create a fund using revenue from natural resources, bonds and other assets. but debate was delayed until friday. the u.n. agreed today to launch an investigation into the possible use of chemical weapons in syria. the syrian government and rebels have accused each other of using them in an attack in aleppo this week. u.n. secretary general ban ki- moon said the investigation will begin as soon as possible, but not overnight. >> the investigation mission is to look into the specific incident brought to my attention by the syrian government. in discharging its mandate of an investigation mission, full cooperation from all parties w
piece some of the role it's playing. but king abdullah's on somewhat shaky ground, the economy is bad, and part of the problem is the refugees are a huge pressure point as the king sort of eloquently said today. few of us saw the foreign minist this afternoon who said it's almost as if-- he said it's as if another eight or nine, the king said 10% has been added to our population. the foreign minister said eye asked him the question the king was asked, would you ever shut your doors? and he said we just can't do that. but i have to say my nightmare scenario is i get a call at 3:00 a.m. and i'm told there are 50,000 refugees at the border, what do we do? >> margaret, just to wrap up quickly, we know the bulk of the president's time was spent in israel, trying to patch up relations there, but also clingor new thinking on the part of the israelis and palestinians. have you picked up reaction yet to what the president was saying? >> jied, in the public, especially in the left in israel, there was great-- great joy at what the president had to say about resolving the conflict. but the react
. a market and economy dependent, i guess, but absolutely, they're going to keep printing until they feel they don't have to anymore which is probably a long time away from now. charles: buying the dips, thanks a lot, larry. that's by the way the opening bell, and the markets are ringing, the futures have been up all morning long and let's check the big board. dow up 29 points and ticking away. and the market is up and fedex we talk about that being something of a proxy for the economy. and they reported the numbers this morning and the profits were lower, and maybe people are buying or not shipping as much of the certainly we want to find out what's going on. let's go to nicole petallides on the floor the of the new york stock exchange. >> we're seeing fedex to the down side and the transportation index is higher and the dow is up 51 points. fedex comes out here with the numbers and they talk about weakness that hit their profits and they're actually trying to cut costs, but in cutting costs they actually incur cost toss cut costs so they're noting that as well. and year to date, fedex i
, there will have to be budget cuts behind the sequester. the sequester will not be the end of it, but the economy is recovering. i wouldn't say in spite of what the govern am hment has done. the economy is recovering of its own natural forces now. we've had 12 years of subpar growth. we've had 12 years of up and down with little net progress in the markets and people have forgotten what a strong economy and what a bull market -- a secular bull market looks like, and i think that's generally where we're headed for the next four years, so i'm predicting, as you said, 25,000 on the dow which implies a 15% compound rate of return for the next four years. >> john, can i just come back on the important points that you're making about europe. i'm not sure it's a question of what america trades with whom. it's a question of where the companies that are quoted on this market make their profits and in technology, for example, 40% of those profits are made in europe and therefore europe arguably is more significant than you might think on the trade argument having said that. this is a very interesting week
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moving our economy for 160 years. bnsf, the engine that connects us. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to live a healthy, productive life. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: a decade after the iraq war began, the violence has not abated. today was the bloodiest day this year, as insurgents staged multiple attacks. a high-level minister was assassinated and dozens more died. a warning: our story contains some graphic images. thick, black smoke rose above the sadr city district in baghdad, where a car bomb went off today, in one of several coordinated attacks to rock the iraqi capital. 65 people were killed and more than 100 wounded. in another instance, an explosion ripped through a popular market near baghdad's fortified green zone. >> there is a checkpoint at the main gate, but it is in vain. they do not s
provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> brown: president obama called on young israelis to see the world through palestinian eyes and challenged israeli and palestinian leaders to abandon formulas and habits that have blocked peace. but even amid his visit, the old threats and realities of violence were present. margaret warner reports from jerusalem. >> warner: the second day of the president's trip to israel and the west bank was met with rocket fire from one place mr. obama won't go: hamas-controlled gaza two landed in sderot, israel in a clear breach of the ceasefire between the islamist hamas faction and israel struck late last year. there were no injuries. a l
: without knowing the structure of the new bedford economy, it is experiencing what a lot of people are experiencing. depending on the industries, you are a winner or loser depending on the structure of your economy. places that are strong in are growing.ces information sector, utilities. these are areas that have not been growing. host: talk about new england. aest: i grew up outside of town in massachusetts. it has similarities to new bedford. .bout 100,000 people strong industrial heritage. it redefined and re-scope itself successfully over the last couple of decades. massachusetts recognizes that its older cities have these challenges. and i go home to visit, there have been efforts to revitalize the older cities. they have lots of charms. new bedford has a wonderful whaling history. has worked atry sincetizens -- census 1997. we are looking at population changes. our other guest is lisa sturtevant with guest: richey-- where mason university she is a p deputy analysis. let's hear from bob, south dakota, rural. caller: i have some comments. [indiscernible] we should look at our
it comes to budget discussions and making sure that we have a thriving local economy. people choose to live in the outer sunset for a certain quality of life and i hope that i can contribute my part to ensure that people if you're a college student, i want to make people love to live in san francisco. i would like to thank someone who has been a huge part of my life. carmen chu. to me carmen has really set a great example of what a supervisor should be. someone who should maintain integrity and someone who represents issues in a great manner and even if someone you are in disagreement with, treats you with respect. as john said, follows hilary clinton, i have big heels to fill. thank you for your work in san francisco. the city has a great person to run this city. finally i have to thank kathy. cameie brought in an incredible amount of enthusiasm and hard work to the office. most of all tammy cares about the district and never stops thinking about how to make it a place to want to live there. thank you. with that, i'm excited to work with the members of the board, the mayor and the rest of
into the local economy. i think the first thing we are very excite d to be able to go off with a big bang and as the first user and that couldn't be more than more fire crackers to be the first user and with everybody with all the plans they have and i'm going to allow steven to explain to you what's going to happen to the terminal with the america's cup. steven? >> thank you. congratulations to the city and to the port on this time. the cruise ship terminal really looks fantastic. what i would like to do is thank monique again. she said to me the cruise ship channel would be ready for us to take it on in march. i have to apologize. i was a little skeptical. i might have said that once or twice. it really is an fantastic effort by the port in the next 12 weeks we are getting it ready for the international media. the public will be involved in the entertainment areas and into a sports bar for the conflict. if you look behind me up there. all of the people that come here, the international media to experience the america's cup in san francisco. it's absolutely fantastic. as i said, for us
adviser at the time, made war with iraq make it sound like it wouldn't cause a dent in the economy. "the likely economic effects would be relatively small. if the united states goes to war in iraq to depose saddam hussein." "the key issue is oil and a regime change in iraq would facilitate an increase in world oil which would tend to lower oil prices here." there's more of this. >> oil prices went up. the number i always used to say when i talk about iraq often and paul and i would have these debates and when this was really in conscience, $20 billion on air-conditioning in iraq per year during the height of the year. $20 billion on air-conditioning in iraq and afghanistan. >> in 2002, richard pearl, chairman of the defense policy board said "we're not talking about a massive invasion along the lines of '91. we're talking about a much more modest effort in which the united states will assist iraqis in freeing their country." let me get over to paul about the manpower and loss of lives. and the world you live with. 31,000 wounded. about 600 amputees. give me a sense of your own personal e
to stimulate the u.s. economy, keeping short-term interest rates at record lows. and it said there are signs the economy is getting stronger. one of those signs-- unemployment-- fell to a four- year low of 7.7% in february. still, the fed predicted it won't reach 6.5% until 2015. the fed and its chairn, ben bernanke, also had words of caution for congress. >> i do believe that long-term fiscal stability is extremely important and i urge congress and the administration, as i always do when i go to testify, to do whatever is necessary to put us on a sustainable fiscal path going forward. but in doing so, i think it's a good idea to pay attention to the impacts in the near term on what is still not a completely satisfactory recovery. >> sreenivasan: congress moved a step closer to advancing a spending bill that would keep the federal government running througheptember the senate passed the legislation this afternoon along bipartisan lines. the measure funds the day-to-day operating budgets of every cabinet agency, gives $87 billion to fund overseas military programs and keeps a pay freeze for f
that they are concerned about their retirement savings, even in a rebounding economy. according to a new survey by the employee benefit research institute: 28% of americans are not confident about their retirement savings. the highest that numbers have been 23 years. more than double was back in 2007, when only 10 percent of americans were worried about having enough for their golden years. additionally, nearly half of the respondents say that they were either " not too confident " or " not at all confident " about the actual amount they have saved. surprisingly, a majority are reporting their savings and investments are less than $25,000, which many have been less than $1,000 available. >> a palestinian girl many view as a hero has returned to school for the first time, since she was attacked by television and militants. malala yousufzai shot in the head last october, because of her support for girls' education. she is not attending school in england, where she has been receiving medical treatment. she is excited to get back into the classroom. >> i want to learn how to bring a change in the w
really matters to what is happening in europe. cyprus, 0.2% of the euro-zone economy. it's banking sector accounts for mostst economy. what is happening there has wall street's attention because of the precedent it may set for other struggling nations. also, russian business has about $19 billion in cyprus. that's according to mootiedy's. wall street happy with the plan in place right now. it's also the last week of the first quarter. check out your investments this morning. if you haven't looked in a while the you'll be pleased. the s&p 500 is up more than 9% over the first three months of 2013. you can see the rally took off from november of last year. 9% will be a solid return for the entire year. but it's happened only in the first three months of this year. the s&p 500 is up 11% over the past year overall. over and over, when is this going to end? that is nearly impossible to preticket. there is one ratio that wall street looks to and it shows that prices are still fairly valued right now, maybe even cheap at least historically speaking. look at this. this is something that measures
the u.s. economy. analysts also think he could point out that the bailout situation in cypress shows the ongoing risk of the global economic situation. >>> 7:45. a teenager in petaluma, burned last night in a fire that allegedly started while he was making drugs. police say it happened on east washington street. a 15-year-old boy is accused of starting a small fire while he was making hash oil out of marijuana. he was rushed to the hospital for treatment on burns on his face and hands. he was also given a citation to appear in juvenile court. this comes a month after fema issued an alert on hash oil explosions. the government agency says explosions at homes and hotels around the country are being traced to people using butane to get the active ingredients out of marijuana. >>> in other news, senator feinstein is angry that the gun control legislation will not include an assault ban. harry reid says this will not be part of the legislation they will debate because it doesn't have the votes to pass. senator feinstein says the issue of gun control is a personal one for her. as you know,
? >> reporter: will drivel through the local economy. $20million every time the ncaa comes to town. this is the third time in seven years. >> 15, 17 hours a day, we've been here in the building. we love it. it's march madness, it's fantastic. >> reporter: with ice hockey a shortened season, six basketball games over today and saturday are especially welcome. for cal, it's almost like a home court. >> fans are so close to the action. it creates a terrific atmosphere. >> reporter: loud too at local bars and restaurants, where the games dominate tv. >> cardinal fans, rams fans, th st. louis got their win, then watched all day. >> i can't believe how clean and beautiful the city is. everybody that we've seen has been so great to us. even the opposing team. >> especially the first two days of the ncaa tournament. a lot of upsets. you can hear the buzz, and people are pretty fired up here. >> reporter: once a cal player, now a fan, this dad paid $100 a ticket. >> i've only been here to see madonna. never been here for a sporting event. it's clean, high-tech. we're in silicon valley, it's
: the money spent on basketball -- >> is that all for you? >> reporter: will drivel through the local economy. $20million every time the ncaa comes to town. this is the third time in seven years. >> 15, 17 hours a day, we've been here in the building. we love it. it's march madness, it's fantastic. >> reporter: with ice hockey a shortened season, six basketball games over today and saturday are especially welcome. for cal, it's almost like a home court. >> fans are so close to the action. it creates a terrific atmosphere. >> reporter: loud too at local bars and restaurants, where the games dominate tv. >> cardinal fans, rams fans, and big billikens fans. >> reporter: this couple from st. louis got their win, then watched all day. >> i can't believe how clean and beautiful the city is. everybody that we've seen has been so great to us. even the opposing team. >> especially the first two days of the ncaa tournament. a lot of upsets. you can hear the buzz, and people are pretty fired up here. >> reporter: once a cal player, now a fan, this dad paid $100 a ticket. >> i've only been here to see ma
to the local economy. >> especially the first two days of the ncaa tournament, a lot of upsets, you can hear all the buzz. people are pretty fired up here. fun environment. good couple of days for sure. >> it wasn't all good news for bay area teens. while cal advanced, st. mary's lost to memphis, almost coming back, 54-52, the final score. a tipoff scheduled for 6:40 tomorrow night. the 12th seat, definitely the underdogs. syracuse pounded montana, 81- 34. wow, the other big upset i have to mention, harvard seeded 14 14th, upset 3rd seat new mexico. harvard has only been in march madness three times, and this is the only time they've won. >> time now, 7:55. sal, i need you to behave yourself during this next game. >> okay. i will. i will. >>> good morning, everybody. let's go outside. i want to talk about the traffic that's getting busier to the commute. northbound, seeing people showing up past the coliseum. also, the bay bridge toll plaza we have a backup that's getting better. we had a slowup but now it's getting better. 880 is slow this morning, although that's improving well on the way
of office or demanded his resignation as the economy was recovering? all the way back to the french and indian war, a very young george washington was writing very romantic letters to a woman who was not mrs. washington. her name was sally fairfax, a very attractive, older, sophisticated neighbor. what if washington's letters had become public during the french and indian war or the revolutionary war? much as petraeus with' e-mails became public. and what if we got rid of george washington? so neither -- bill clinton's not the first and not the worst, petraeus is not the first and not the worst. been there, done that, there's a long history of it. in fact, it pains me to say that even abraham lincoln visited a prostitute. i know, say it isn't so, right? but it happened. now, there's -- the details on it are sketchy. this is not a lot of letters written about this, but here is what we can piece together. lincoln's best friend was joshua speed, and speed was perhaps as dashing and as handsome and as, i guess, quote-unquote lucky with the ladies as lincoln was allegedly homely and awkw
-buying stimulus continues to help the u.s. economy. analysts also think he could point out that the bailout situation in cypress shows the ongoing risk of the global economic situation. >>> 7:45. a teenager in petaluma, burned last night in a fire that allegedly started while he was making drugs. police say it happened on east washington street. a 15-year-old boy is accused of starting a small fire while he was making hash oil out of marijuana. he was rushed to the hospital for treatment on burns on his face and hands. he was also given a citation to appear in juvenile court. this comes a month after fema issued an alert on hash oil explosions. the government agency says explosions at homes and hotels around the country are being traced to people using butane to get the active ingredients out of marijuana. >>> in other news, senator feinstein is angry that the gun control legislation will not include an assault ban. harry reid says this will not be part of the legislation they will debate because it doesn't have the votes to pass. senator feinstein says
in local economy. it is a big thing. what is santa clara prepared to do? the nfl wants them to wait parking fees. something as simple as $5. they did not want to pay for that. >> the big thing is they want to waive the hotel taxes that could mean millions of dollars. >> off what could help santa clara, san francisco is the fact that miami the other city competing for 2016 has told the nfl will not waive the hotel taxes. santa clara will decide if that will happen. >> we will look at that and perhaps at that time they will say the bay area is a much better deal and miami. >> will have to wait and see. do we have any idea when they make the decision. >> the owners have to get together and vote? >> may 22nd there will make the decision. they have to give the host city several years to prepare to get the infrastructure in place. they have to build facilities if necessary to host insuperable. >> if i just left norland it is huge. you need all kinds of buildings conference rooms and all these things to host the nfl media as well as the activity for the fans. >> we shall see will. thank you for th
of the reasons is because cyprus is a tiny economy, but this would be the fourth european bailout. the fact that at the 11th hour it looks like disagreed to, it takes away an uncertainty for the market and the path of least resistance returns. and what is that path? higher. this has been been incredible year for stocks. anybody with a stock market investment has seen fantastic rushes. the s&p 500 hasn't hit a record high, a new record high yet, but it's very close now. could happen in the next couple of days. that's what the s&p looks like over the past 12 months. the s&p over the past year is up almost 12%. just this year so far, up 9%. that's the kind of return if you had a return like that, it would be the envy of all of your friends. and for anybody who is just a plain vanilla stock market investor, they've had a good run. looks like banks will probably lead higher. watch shares of blackberry. lower pre-market. >> christine romans, thanks so much. >>> ford in and advertising firm are apologizing for a recent ad that used questionable judgment. it's a cartoon showing three scantily clad
pakistan leadership struggled with the sinking economy islamic extremist faxes and tensions over drone strikes. >>> mayors against gun violence tellased $12 million in television ad time. the ads airing in 13 key states across the country that the group thinks are divided on gun control. making an appearance on meet the press mayor bloomberg said he has plenty of support. >> this is about the public wanting to be safe on their streets and the public having the right to buy arms and the right to protect themselves and the right to use them for sport, for hunting, but also it is about the public's right to keep guns out of the hands of criminals and the mentally ill. that is in everybody's interest. >> shannon: the comments from mayor bloomberg come as the debate over gun control continues here in washington. earlier this week, senate majority leader harry reid removed an assault weapons ban from the gun control bill he plans to offer saying he didn't have the votes to get it passed. republican senator tom coburn says he doesn't believe the focus should be on keeping guns from law abidin
hurting the local economy. >> these tunnels are gonna bring peace of mind to these local communities. the next time we have a heavy winter storm they won't have to worry about their life line being closed most of the time. >> reporter: caltrans will be holding a ribbon-cutting ceremony at 11:00 this morning. it will feature local lawmakers that helped push this progress along. also in attendance will be the late widow of tom lantos, who the tunnels are named after. ribbon-cutting ceremony is not open to the public. this took quite a bit of work, a lot of boring to build this tunnel. you can see some work trucks still driving by. there's still some last-minute work, some lane configuration that has to happen following the ribbon-cutting ceremony later on this morning. caltrans is hoping to have that lane configuration work done hopefully by later tonight and possibly tomorrow and that's when the public will be able to drive through the tunnels. sal, this will be a big deal for commuters in the area, right? >> it sure will. that means cars can no longer be at the mercy of a bad commute
and career change, fidelity is there for your personal economy, helping you readjust your retirement plan along the way. rethink how you're invested. and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices to help you fine-tune your personal economy. call today and we'll make it easy to move that old 401(k) to a fidelity no-fee ira. ♪ >>> back now at 8:10 with "today's" baby bump and words of wisdom for all the moms to be including our own contributing correspondent jenna bush-hager. welcome back. good to see you. >> good to see you. >> feeling good? >> hanging in there. as i prepare for one of life's greatest journeys, mother hood, i asked some people i love to tell me what they learned from their moms. >> tell me what type of mom you had growing up. >> i had a mom who gave us a lot of slack. i think she had faith in us or at least she pretended she had faith in us. as a result, we never wanted to disappoint her. >> she was always the person at the door that greeted you and made you feel great. no matter how hard your day
economy, they'll find a war to start or start one of their own, and we'll never get those live or money back." and from michael, "hopefully we learn to keep our noses out of other country's business, unless they threaten to attack or do attack the united states." please, keep the conversation going. we have great response to this question and it's so important, so facebook.com/carolcnn or tweet me @carolcnn. the next hour of "cnn newsroom" after a quick break. (announcer) at scottrade, our clients trade and invest exactly how they want. with scottrade's online banking, i get one view of my bank and brokerage accounts with one login... to easily move my money when i need to. plus, when i call my local scottrade office, i can talk to someone who knows how i trade. because i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade. awarded five-stars from smartmoney magazine. music ... music ... music... >>> happening now in the newsroom, sex, lies, and videotape. breaking overnight, new details about senator robert menendez and claims he paid for hookers in t
? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. can make any old day a special occasion. so she makes her new mini cream pies with real cream filling and milk chocolate on a cookie-crumb crust. marie callender's. it's time to savor. and milk chocolate on a cookie-crumb crust. with tasty grilled flavor and goodness to savor ♪ ♪ friskies grillers blend. ♪ feed the senses. this morning. my question. what are we going to do without chris hayes? no, seriously. is it time to eliminate the death penalty once and for all? plus, how art changes the lives of children and the brothers mcgill will play live here in nerd lar nerdland. the supreme court and marriage equality. how we finally got to this historic moemtd. moment. >>> good morning. i'm melissa harris-perry. i often recount the story of m
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